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explosion killed workers and 205 things of oil was entered into the environment. $2.4 billion of the company's funds will be dedicated to environmental reservations. along with the criminal and environmental panel b.p. was also pay half a million dollars to settle claims with ask ec. it >>is approved by the court would have cost b.p. nearly $42 billion. in addition the company officials are facing criminal charges. the peace entered a statement stating that they apologize for their role and that they are trying to get a resolution. they stated that they have accepted responsibility. under the clean water act they also can be facing a $20 million penalty. and this could take three years to sort out. >>in missouri a 20 year-old man is accused of plotting a shooting at a showing of the new twilight mo. he confessed to a plot after he was tipped off by his mother. he started to target wal-mart instead. he stated that if he ran out family will go to wal-mart to get more and more. >>compensation amounts for the victims of the colorado theater shooting has been finalized. the families of the 12 peo
're not directly getting at that. >> i think the carbon tax makes enormous sense to do with the environment impact of energy use. you can design one in a way that does not cause too much harm for american industries that compete with folks abroad. consumption tax, there are things you can do to treat the income tax to make it look more like a consumption tax. >> i want each of you to give me your thoughts at the end of the day, what do you think the tax code will look like with his conversations between the cop -- between the president speaker boehner are done? >> i think we will have slightly higher marginal tax rates on some high-income tax -- and these 1 high income tax payer. i think there will be a variety of tax exclusions and deductions that are scaled back modestly. >> if scaled-back means capped in some way, i agree completely. rex i think we will see some of those things will back. the top rate will be either 39.6 or 35. it will be somewhere in between. >> we have some common ground here among our economists. thank you, a gentleman for joining us. thank you all. i appreciate the peterson
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